Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.62% to 26,808.24 Index Points and N13.966 Tr respectively. Year-to-Date ASI is now at a negative of -0.13%. · Volume of trade and Value of trade both increased by 1.38% and 63.69% to 231.53 Million…
Business Spending is one of the main drivers of US economy. Business investment decreased by 2.3% rate in the 2019 fourth quarter, while consumer spending increased by 1.7 in the fourth quarter 2019. These led the US Gross domestic product to increase by 2.1% annualized rate. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.22% to 26,974.38 Index Points and N14.052 Tr respectively. Year-to-Date ASI is still at a positive of 0.49%. · Number of trade, Volume of trade and Value of trade all decreased by 14.03%, 5.52% and…
Trade is one of the main drivers of German economy. Exports fell by 0.2% in the fourth quarter 2019, while Gross investment increased by 2.9% in the last quarter of 2019 with State consumption adding 0.1 percentage points to growth, while private consumption made no contribution. These led the German economy to grow by 0.6%…
Equities Market · The Nigerian Equity Bourse recorded a downward swing, as NSE ASI and Market capitalization both decreased by 1.27% to 27,041.03 Index Points and N14.087 Tr respectively. Year-to-Date ASI is still at a positive of 0.74%. · Number of trade, Volume of trade and Value of trade all increased by 2.49%, 1.83% and…
Benchmark Interest rate is one of the main drivers of European economy. Euro zone money markets priced in around a 50% chance that the European Central Bank will cut interest rates by 10 basis points in July 2020 which is up from around 35% a week ago. This should boost growth in European economy. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward swing, as NSE ASI and Market capitalization both decreased by 0.65% to 27,388.62 Index Points and N14.268 Tr respectively. Year-to-Date ASI is still at a positive of 2.04%. · Number of trade and Value of trade both increased by 5.64% and 54.68% to 4423 and…
US benchmark Interest rate is one of the main drivers of US economy. US benchmark interest rate is set in a range of 1.50% to 1.75% which should lead to U.S. economy growing at a 2.00% to 2.25% annualized rate in 2020. Reuters
Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.17% to 27,568.91 Index Points and N14.362 Tr respectively. Year-to-Date ASI is still at a positive of 2.71%. · Number of trade and Volume of trade both increased by 18.68% and 67.15% to 4187 and…
US employment level is one of the main drivers of US Economy. US unemployment rate rose by 0.1% to 3.6%, while 225,000 jobs were created in January after adding 147,000 positions in December. These have led to an increase in claims of state unemployment benefits due to increase in Labour force. Reuters
